Benefits of job evaluation - compensation management - Manu Melwin Joy

It offers a systematic procedure for determining the relative worth of jobs. Jobs are ranked on the basis of rational criteria such as skill, education, experience, responsibilities, hazards, etc., and are priced accordingly.

1. Benefits of Job Evaluation Compensation Management

2. Prepared By Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations. Manu Melwin Joy Assistant Professor Ilahia School of Management Studies Kerala, India. Phone – 9744551114 Mail – [email protected]

3. Benefits of Job Evaluation It tries to link pay with the requirements of the job.

4. Benefits of Job Evaluation It offers a systematic procedure for determining the relative worth of jobs. Jobs are ranked on the basis of rational criteria such as skill, education, experience, responsibilities, hazards, etc., and are priced accordingly.

5. Benefits of Job Evaluation An equitable wage structure is a natural outcome of job evaluation. An unbiased job evaluation tends to eliminate salary inequities by placing jobs having similar requirements in the same salary range.

6. Benefits of Job Evaluation Employees as well as unions participate as members of job evaluation committees, while determining rate grades for different jobs. This helps in solving wage related grievances quickly.

7. Benefits of Job Evaluation Job evaluation, when conducted properly and with care, helps in the evaluation of new jobs.

8. Benefits of Job Evaluation It points out possibilities of more appropriate use of the plant's labour force by indicating jobs that need more or less skilled workers than those who are manning these jobs currently.